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Two persistent questions regarding the Chinese revolution that remain are: (1.) Did Japan fatally weaken the Kuomintang or Nationalist by invading and (2.) Did the Communists ultimately win the revolution or did the Nationalist simply lose it?
If the probability of student X being sick, given that they've come to GMU, is 1%, then what is the probability of student X coming to GMU, given that they
Assume a closed economy described by the following equations: C = 300 + 0.6(Y-T) ; I = 500 - 40R; G = 200; T = 200; M = 2800; (M/P)d = 4Y - 100R; SRAS: P = 1; LRAS: Y=1000 a) Find the government purchases multiplier and interpret it.
Explain why Chrysler's decision might have been prompted by movements in its wage costs or capital costs, or both. What risks might such a plan pose?
One of the principles of social psychology holds that people's actual behaviors within a cultural context sometimes vary significantly from their knowledge of that culture.
The law of diminishing marginal utility states that as an individual increases consumption of a given product within a set period of time, the utility gained from consumption eventually declines" Examine whether the statement above is true or false. ..
Given the following data for a hypothetical economy in a given year: What is the country's GDP for the year?
Growth rates in follower nations such as South Korea also Hong Kong averaged about 10 percent every year.
New source bias may exist for mobile sources. Briefly discuss why this bias leads to a solution that is not cost-effective. What policies would you implement to eliminate this bias?
Suppose that a consumer realized the MU1/MU2 did not equal P1/P2 with the bundle of goods selected. Show and explain this case graphically using indifference curves and a budget constraint. Without increasing total expenditures, show and explain how ..
In an economy, the labour supply curve is S = 5Wa, where wa is the after-tax wage rate. Assume that the before-tax wage rate is fixed at 10. Derive an expression for tax revenues as a function of the tax rate. What is the elasticity of labour supply ..
Explain the importance of sustainability in the selection and implementation of new technologies. Provide examples of sustainable technologies.
What are the advantages and disadvantages of easily obtainable information?
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